diff --git a/pyproject.toml b/pyproject.toml
index 2c71f236c..6ccea2a1b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "crewai"
-version = "0.120.1"
+version = "0.121.0"
 description = "Cutting-edge framework for orchestrating role-playing, autonomous AI agents. By fostering collaborative intelligence, CrewAI empowers agents to work together seamlessly, tackling complex tasks."
 readme = "README.md"
 requires-python = ">=3.10,<3.13"
diff --git a/src/crewai/__init__.py b/src/crewai/__init__.py
index 2144c36c8..c256db73e 100644
--- a/src/crewai/__init__.py
+++ b/src/crewai/__init__.py
@@ -17,7 +17,7 @@ warnings.filterwarnings(
     category=UserWarning,
     module="pydantic.main",
 )
-__version__ = "0.120.1"
+__version__ = "0.121.0"
 __all__ = [
     "Agent",
     "Crew",
diff --git a/src/crewai/cli/templates/crew/pyproject.toml b/src/crewai/cli/templates/crew/pyproject.toml
index 3f5166bfc..0708effdf 100644
--- a/src/crewai/cli/templates/crew/pyproject.toml
+++ b/src/crewai/cli/templates/crew/pyproject.toml
@@ -5,7 +5,7 @@ description = "{{name}} using crewAI"
 authors = [{ name = "Your Name", email = "you@example.com" }]
 requires-python = ">=3.10,<3.13"
 dependencies = [
-    "crewai[tools]>=0.120.1,<1.0.0"
+    "crewai[tools]>=0.121.0,<1.0.0"
 ]
 
 [project.scripts]
diff --git a/src/crewai/cli/templates/flow/pyproject.toml b/src/crewai/cli/templates/flow/pyproject.toml
index 5a86b4e6f..4f673679f 100644
--- a/src/crewai/cli/templates/flow/pyproject.toml
+++ b/src/crewai/cli/templates/flow/pyproject.toml
@@ -5,7 +5,7 @@ description = "{{name}} using crewAI"
 authors = [{ name = "Your Name", email = "you@example.com" }]
 requires-python = ">=3.10,<3.13"
 dependencies = [
-    "crewai[tools]>=0.120.1,<1.0.0",
+    "crewai[tools]>=0.121.0,<1.0.0",
 ]
 
 [project.scripts]
diff --git a/src/crewai/cli/templates/tool/pyproject.toml b/src/crewai/cli/templates/tool/pyproject.toml
index 192b9b314..b0485933e 100644
--- a/src/crewai/cli/templates/tool/pyproject.toml
+++ b/src/crewai/cli/templates/tool/pyproject.toml
@@ -5,7 +5,7 @@ description = "Power up your crews with {{folder_name}}"
 readme = "README.md"
 requires-python = ">=3.10,<3.13"
 dependencies = [
-    "crewai[tools]>=0.120.1"
+    "crewai[tools]>=0.121.0"
 ]
 
 [tool.crewai]
diff --git a/uv.lock b/uv.lock
index 987fc993d..0f82b9c10 100644
--- a/uv.lock
+++ b/uv.lock
@@ -738,7 +738,7 @@ wheels = [
 
 [[package]]
 name = "crewai"
-version = "0.120.1"
+version = "0.121.0"
 source = { editable = "." }
 dependencies = [
     { name = "appdirs" },