diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 04bca1732ea15..9d85dbbb75917 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.136.0"
+  ".": "2.137.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3669c6f0b6c57..34c0097e67633 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## [2.137.0](https://github.com/Flagsmith/flagsmith/compare/v2.136.0...v2.137.0) (2024-08-13)
+
+
+### Features
+
+* make pg usage cache timeout configurable ([#4485](https://github.com/Flagsmith/flagsmith/issues/4485)) ([cd4fbe7](https://github.com/Flagsmith/flagsmith/commit/cd4fbe7bbf27b17a7d6bd1161c9f7c2431ae9a2f))
+* Tweak email wording for grace periods ([#4482](https://github.com/Flagsmith/flagsmith/issues/4482)) ([36e634c](https://github.com/Flagsmith/flagsmith/commit/36e634ca057e6aa55ffed41686a05df0883a1062))
+
+
+### Bug Fixes
+
+* Rename match variable in external feature resources ([#4490](https://github.com/Flagsmith/flagsmith/issues/4490)) ([bf82b9d](https://github.com/Flagsmith/flagsmith/commit/bf82b9d64976e16cc7d598e6f5cd124cafbe30ca))
+
 ## [2.136.0](https://github.com/Flagsmith/flagsmith/compare/v2.135.1...v2.136.0) (2024-08-13)
 
 
diff --git a/version.txt b/version.txt
index ac8faeddc8a77..2b97695c48318 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-2.136.0
+2.137.0