diff --git a/synapse/__init__.py b/synapse/__init__.py
index c865d2e10037d8482d386c9b15972fe63db9627f..0900492619b72688e1f60c8161c3237a3fea17c3 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -47,7 +47,7 @@ try:
 except ImportError:
     pass
 
-__version__ = "1.37.0"
+__version__ = "1.37.1a1"
 
 if bool(os.environ.get("SYNAPSE_TEST_PATCH_LOG_CONTEXTS", False)):
     # We import here so that we don't have to install a bunch of deps when