diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8f25473c8..a5654ecf9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,13 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 
 Generated by [`auto-changelog`](https://github.com/CookPete/auto-changelog).
 
+## [9.31.1](https://github.com/netlify/zip-it-and-ship-it/compare/v9.31.0...v9.31.1) (2024-04-03)
+
+
+### Bug Fixes
+
+* **deps:** update dependency @netlify/serverless-functions-api to ^1.16.0 ([#1718](https://github.com/netlify/zip-it-and-ship-it/issues/1718)) ([95285a7](https://github.com/netlify/zip-it-and-ship-it/commit/95285a7cc8fd8591d4872013fed1da6efcb18267))
+
 ## [9.31.0](https://github.com/netlify/zip-it-and-ship-it/compare/v9.30.0...v9.31.0) (2024-04-01)
 
 
diff --git a/package-lock.json b/package-lock.json
index cbac418c4..9063e9724 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@netlify/zip-it-and-ship-it",
-  "version": "9.31.0",
+  "version": "9.31.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@netlify/zip-it-and-ship-it",
-      "version": "9.31.0",
+      "version": "9.31.1",
       "license": "MIT",
       "dependencies": {
         "@babel/parser": "^7.22.5",
diff --git a/package.json b/package.json
index 71962c005..e5f683556 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@netlify/zip-it-and-ship-it",
-  "version": "9.31.0",
+  "version": "9.31.1",
   "description": "Zip it and ship it",
   "main": "./dist/main.js",
   "type": "module",