diff --git a/charts/velero/Chart.yaml b/charts/velero/Chart.yaml
index b81c535d..c1a44004 100644
--- a/charts/velero/Chart.yaml
+++ b/charts/velero/Chart.yaml
@@ -3,7 +3,7 @@ appVersion: 1.11.1
 kubeVersion: ">=1.16.0-0"
 description: A Helm chart for velero
 name: velero
-version: 4.4.2
+version: 5.0.0
 home: https://github.com/vmware-tanzu/velero
 icon: https://cdn-images-1.medium.com/max/1600/1*-9mb3AKnKdcL_QD3CMnthQ.png
 sources: