diff --git a/setup.py b/setup.py
index 25a263db..ab703e04 100644
--- a/setup.py
+++ b/setup.py
@@ -33,7 +33,7 @@ def combine_requirements(base_keys):
 
 setup(
     name="setfit",
-    version="0.6.0.dev0",
+    version="0.7.0.dev0",
     description="Efficient few-shot learning with Sentence Transformers",
     long_description=README_TEXT,
     long_description_content_type="text/markdown",
diff --git a/src/setfit/__init__.py b/src/setfit/__init__.py
index 8b204b97..ec4186d3 100644
--- a/src/setfit/__init__.py
+++ b/src/setfit/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.6.0.dev0"
+__version__ = "0.7.0.dev0"
 
 from .data import add_templated_examples, get_templated_dataset, sample_dataset
 from .modeling import SetFitHead, SetFitModel