diff --git a/.ruby-version b/.ruby-version
index fbb225cded148580a4f727959f13910739c3dbaa..b10a31cf1cc42c37b10edae1af9614d573dee688 100644
--- a/.ruby-version
+++ b/.ruby-version
@@ -1,2 +1,2 @@
-ruby-2.3.0
+ruby-2.3.1
 
diff --git a/Gemfile b/Gemfile
index b64573dc5e9ba2a43054d5111b8bcbd2a6e3efe1..c90387050dd4d35c55cd5d4a350187d61abb5b43 100644
--- a/Gemfile
+++ b/Gemfile
@@ -1,5 +1,5 @@
 source 'https://rubygems.org'
-ruby '2.3.0'
+ruby '2.3.1'
 
 gem 'activesupport'
 
diff --git a/README.md b/README.md
index 879faed9cd88f46f9a769147ff33fb465617189f..c0f04f4938715048cae09a4560e86b46ccbf72f7 100644
--- a/README.md
+++ b/README.md
@@ -12,7 +12,7 @@ Place your app-specific code in app/ dir, and utility code that you'd like to ex
 
 #Installation
 * Clone the repo: `git clone https://github.com/artemv/ruby-starter-kit.git my-app`
-* Install Ruby 2.3.0 from https://www.ruby-lang.org/en/downloads/ or via RVM (https://rvm.io/)
+* Install Ruby 2.3.1 from https://www.ruby-lang.org/en/downloads/ or via RVM (https://rvm.io/)
 * Install Bundler and dependencies:
 ```
 cd my-app