diff --git a/docs/conf.py b/docs/conf.py
index 57958bbc7..b862846c8 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -16,7 +16,7 @@
 project = 'Python SDK reference'
 copyright = '2024, Labelbox'
 author = 'Labelbox'
-release = '3.74.0'
+release = '3.75.0'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/libs/labelbox/CHANGELOG.md b/libs/labelbox/CHANGELOG.md
index cb48ac5ee..b5607639f 100644
--- a/libs/labelbox/CHANGELOG.md
+++ b/libs/labelbox/CHANGELOG.md
@@ -1,4 +1,27 @@
 # Changelog
+# Version 3.75.0 (2024-07-10)
+## Added
+* Added Project set_project_model_setup_complete() method by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1685
+* Added user group management by @adrian-chang in https://github.com/Labelbox/labelbox-python/pull/1604
+* Refactor Dataset create_data_rows_sync to use upsert by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1694
+* Added upload_type to Project by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1707
+* Added prompt classification for python object support by @Gabefire in https://github.com/Labelbox/labelbox-python/pull/1700
+* Alias `wait_xxx` functions by @sfendell-labelbox in https://github.com/Labelbox/labelbox-python/pull/1675
+
+## Fixed
+* Predictions missing during Catalog slice Export by @adrian-chang in https://github.com/Labelbox/labelbox-python/pull/1695
+* Prevented adding batches to live chat evaluation projects by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1703
+* Added missing media types by @adrian-chang in https://github.com/Labelbox/labelbox-python/pull/1705
+* Deprecate Project setup_editor and add Project connect_ontology by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1713
+* Bumped dateutil max version by @colonelpanic8 in https://github.com/Labelbox/labelbox-python/pull/1716
+* Bumped version rye by @adrian-chang in https://github.com/Labelbox/labelbox-python/pull/1719
+* Updated create ontology for project setup by @vbrodsky in https://github.com/Labelbox/labelbox-python/pull/1722
+
+## New Contributors
+* @colonelpanic8 made their first contribution in https://github.com/Labelbox/labelbox-python/pull/1716
+
+**Full Changelog**: https://github.com/Labelbox/labelbox-python/compare/v.3.74.0...v.3.75.0
+
 # Version 3.74.0 (2024-06-24)
 ## Added
 * Include predictions in export (#1689)
diff --git a/libs/labelbox/pyproject.toml b/libs/labelbox/pyproject.toml
index 86af2db1c..245402bca 100644
--- a/libs/labelbox/pyproject.toml
+++ b/libs/labelbox/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "labelbox"
-version = "3.74.0"
+version = "3.75.0"
 description = "Labelbox Python API"
 authors = [{ name = "Labelbox", email = "engineering@labelbox.com" }]
 dependencies = [
diff --git a/libs/labelbox/src/labelbox/__init__.py b/libs/labelbox/src/labelbox/__init__.py
index 4cd3b4390..ff40e9e3c 100644
--- a/libs/labelbox/src/labelbox/__init__.py
+++ b/libs/labelbox/src/labelbox/__init__.py
@@ -1,6 +1,6 @@
 name = "labelbox"
 
-__version__ = "3.74.0"
+__version__ = "3.75.0"
 
 from labelbox.client import Client
 from labelbox.schema.project import Project