diff --git a/package.json b/package.json
index 85e5f1be37..d6901b61ed 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "element-web",
-    "version": "1.12.4",
+    "version": "1.12.5-rc.0",
     "description": "Element: the future of secure communication",
     "author": "New Vector Ltd.",
     "repository": {