diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index 8cdbb60a3..c9e62100c 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -12,7 +12,7 @@ from django.core.exceptions import ImproperlyConfigured
 # Environment setup
 #
 
-VERSION = '2.7.4-dev'
+VERSION = '2.8.0-dev'
 
 # Hostname
 HOSTNAME = platform.node()