diff --git a/CHANGELOG.md b/CHANGELOG.md
index b9f9025..dc0891d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,7 @@
 # Unreleased
 
+# 1.16.0
+
 * Use `RbConfig::CONFIG["rubylibdir"]` instead of `RbConfig::CONFIG["libdir"]` to check for stdlib files. See #431.
 * Fix the cached version of `YAML.load_file` being slightly more permissive than the default `Psych` one. See #434.
   `Date` and `Time` values are now properly rejected, as well as aliases.
diff --git a/lib/bootsnap/version.rb b/lib/bootsnap/version.rb
index 67aa28d..0f0d214 100644
--- a/lib/bootsnap/version.rb
+++ b/lib/bootsnap/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Bootsnap
-  VERSION = "1.15.0"
+  VERSION = "1.16.0"
 end