diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 7b9455b..019d65b 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.8.0
+current_version = 3.8.1
 commit = True
 tag = False
 
diff --git a/CHANGES.md b/CHANGES.md
index 34b6108..5c25929 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,3 +1,6 @@
+# Release v3.8.1
+- Fixed an issue with the `opentok.create_session` method
+
 # Release v3.8.0
 - Added support for the [Captions API](https://tokbox.com/developer/guides/live-captions/)
 
diff --git a/opentok/version.py b/opentok/version.py
index c89f75e..d7871bc 100644
--- a/opentok/version.py
+++ b/opentok/version.py
@@ -1,3 +1,3 @@
 # see: http://legacy.python.org/dev/peps/pep-0440/#public-version-identifiers
-__version__ = "3.8.0"
+__version__ = "3.8.1"