diff --git a/pom.xml b/pom.xml
index 1457177ab..d0b2e159a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -9,7 +9,7 @@
     <parent>
         <groupId>org.springframework.cloud</groupId>
         <artifactId>spring-cloud-build</artifactId>
-        <version>1.3.0.BUILD-SNAPSHOT</version>
+        <version>1.3.1.BUILD-SNAPSHOT</version>
         <relativePath/>
     </parent>
     <scm>
diff --git a/spring-cloud-stream-tools/pom.xml b/spring-cloud-stream-tools/pom.xml
index 9237708b3..ddebf7ea2 100644
--- a/spring-cloud-stream-tools/pom.xml
+++ b/spring-cloud-stream-tools/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>org.springframework.cloud</groupId>
         <artifactId>spring-cloud-build</artifactId>
-        <version>1.3.0.BUILD-SNAPSHOT</version>
+        <version>1.3.1.BUILD-SNAPSHOT</version>
         <relativePath />
     </parent>