diff --git a/charts/opentelemetry-demo/Chart.yaml b/charts/opentelemetry-demo/Chart.yaml
index 5e3ec972b..cb1512f33 100644
--- a/charts/opentelemetry-demo/Chart.yaml
+++ b/charts/opentelemetry-demo/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v2
 type: application
 name: opentelemetry-demo
-version: 0.22.3
+version: 0.22.4
 description: opentelemetry demo helm chart
 home: https://opentelemetry.io/
 sources:
@@ -14,7 +14,7 @@ icon: https://opentelemetry.io/img/logos/opentelemetry-logo-nav.png
 appVersion: "1.4.0"
 dependencies:
   - name: opentelemetry-collector
-    version: 0.55.1
+    version: 0.57.2
     repository: https://open-telemetry.github.io/opentelemetry-helm-charts
     condition: opentelemetry-collector.enabled
   - name: jaeger