diff --git a/CHANGELOG.md b/CHANGELOG.md
index 50646d66a..5957d36d3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## Unreleased
+## 5.0.0.rc1 - 2021-06-04
 
 ### Bug fixes
 
diff --git a/lib/shoulda/matchers/version.rb b/lib/shoulda/matchers/version.rb
index dd56a8830..5be1b7a87 100644
--- a/lib/shoulda/matchers/version.rb
+++ b/lib/shoulda/matchers/version.rb
@@ -1,6 +1,6 @@
 module Shoulda
   module Matchers
     # @private
-    VERSION = '4.5.1'.freeze
+    VERSION = '5.0.0.rc1'.freeze
   end
 end