diff --git a/parlai/__init__.py b/parlai/__init__.py
index 4319206c7d2..13d928692cc 100644
--- a/parlai/__init__.py
+++ b/parlai/__init__.py
@@ -4,4 +4,4 @@
 # This source code is licensed under the MIT license found in the
 # LICENSE file in the root directory of this source tree.
 
-__version__ = '1.1.0'
+__version__ = '1.2.0'
diff --git a/setup.py b/setup.py
index b2b799fe62a..db2846528bc 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@
 
 from setuptools import setup, find_packages
 
-VERSION = '1.1.0'  # if you update, update parlai/__init__.py too!
+VERSION = '1.2.0'  # if you update, update parlai/__init__.py too!
 
 if sys.version_info < (3, 7):
     sys.exit('Sorry, Python >=3.7 is required for ParlAI.')