diff --git a/config.json b/config.json
index f42002ad60..2e35355c54 100644
--- a/config.json
+++ b/config.json
@@ -1,6 +1,6 @@
 {
   "name": "Cornerstone",
-  "version": "2.3.0",
+  "version": "2.3.1-rc.1",
   "meta": {
     "price": 0,
     "documentation_url": "https://support.bigcommerce.com/articles/Public/Cornerstone-Theme-Manual",
diff --git a/package.json b/package.json
index 0d11b25e4a..02ba89983e 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "bigcommerce-cornerstone",
   "description": "The BigCommerce reference theme for the Stencil platform",
-  "version": "2.3.0",
+  "version": "2.3.1-rc.1",
   "private": true,
   "author": "BigCommerce",
   "license": "MIT",