diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 040c334f4e..ce908c0c23 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"7.0.0","packages/phoenix-evals":"0.17.5","packages/phoenix-otel":"0.6.1"}
+{".":"7.0.1","packages/phoenix-evals":"0.17.5","packages/phoenix-otel":"0.6.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index a5d68c6e5f..8419ca7c6c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [7.0.1](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v7.0.0...arize-phoenix-v7.0.1) (2024-12-09)
+
+
+### Bug Fixes
+
+* sslmode query parameter in postgresql database url for asyncpg ([#5679](https://github.com/Arize-ai/phoenix/issues/5679)) ([824d295](https://github.com/Arize-ai/phoenix/commit/824d295f45eb6d4b85b652f98675c7865c5694e8))
+
 ## [7.0.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v6.2.0...arize-phoenix-v7.0.0) (2024-12-09)
 
 
diff --git a/src/phoenix/version.py b/src/phoenix/version.py
index b378fc6cca..fb16410aa2 100644
--- a/src/phoenix/version.py
+++ b/src/phoenix/version.py
@@ -1 +1 @@
-__version__ = "7.0.0"
+__version__ = "7.0.1"