diff --git a/README.md b/README.md
index 3e129e12..f8d130fb 100644
--- a/README.md
+++ b/README.md
@@ -1,5 +1,5 @@
 # Showkase
-![Showkase Version](https://img.shields.io/badge/Showkase-1.0.0--beta15-brightgreen) ![Compatible with Compose](https://img.shields.io/badge/Compatible%20with%20Compose-1.2.0-brightgreen)
+![Showkase Version](https://img.shields.io/badge/Showkase-1.0.0--beta16-brightgreen) ![Compatible with Compose](https://img.shields.io/badge/Compatible%20with%20Compose-1.2.0-brightgreen)
 
 Showkase is an annotation-processor based Android library that helps you organize, discover, search 
 and visualize [Jetpack Compose](https://developer.android.com/jetpack/compose) UI elements. With 
@@ -75,14 +75,14 @@ Showkase supports both ksp and kapt. By default, it uses kapt as we only recentl
 #### If you are using kapt
 
 ```kotlin
-implementation "com.airbnb.android:showkase:1.0.0-beta15"
-kapt "com.airbnb.android:showkase-processor:1.0.0-beta15"
+implementation "com.airbnb.android:showkase:1.0.0-beta16"
+kapt "com.airbnb.android:showkase-processor:1.0.0-beta16"
 ```
 
 #### If you are using ksp
 ```kotlin
-implementation "com.airbnb.android:showkase:1.0.0-beta15"
-ksp "com.airbnb.android:showkase-processor:1.0.0-beta15"
+implementation "com.airbnb.android:showkase:1.0.0-beta16"
+ksp "com.airbnb.android:showkase-processor:1.0.0-beta16"
 ```
 
 **Step 2**: Add the relevant annotations for every UI element that should be a part of the 
diff --git a/gradle.properties b/gradle.properties
index 7221e44c..12e338fa 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -6,7 +6,7 @@ kapt.include.compile.classpath=false
 RELEASE_SIGNING_ENABLED=true
 SONATYPE_HOST=DEFAULT
 
-VERSION_NAME=1.0.0-beta15
+VERSION_NAME=1.0.0-beta16
 GROUP=com.airbnb.android
 POM_DESCRIPTION=Showkase is an Android library that helps you organize, discover, search and visualize Jetpack Compose components.
 POM_URL=https://github.com/airbnb/Showkase