diff --git a/letta/__init__.py b/letta/__init__.py
index cb82023b..92224bcd 100644
--- a/letta/__init__.py
+++ b/letta/__init__.py
@@ -5,7 +5,7 @@ try:
     __version__ = version("letta")
 except PackageNotFoundError:
     # Fallback for development installations
-    __version__ = "0.16.2"
+    __version__ = "0.16.3"
 
 if os.environ.get("LETTA_VERSION"):
     __version__ = os.environ["LETTA_VERSION"]
diff --git a/pyproject.toml b/pyproject.toml
index f8f81beb..a81d9033 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "letta"
-version = "0.16.2"
+version = "0.16.3"
 description = "Create LLM agents with long-term memory and custom tools"
 authors = [
     {name = "Letta Team", email = "contact@letta.com"},