diff --git a/CHANGELOG b/CHANGELOG
index 4d369c8..75c5847 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -449,3 +449,6 @@
 * Add metrics for new inbound federation staging area. (#10284)
 * Add script to print information about recently registered users. (#10290)
 
+[1.27.1]
+* Update Synapse to 1.38.1
+* [Full changelog](https://github.com/matrix-org/synapse/releases/tag/v1.38.1)
diff --git a/CloudronManifest.json b/CloudronManifest.json
index 09152f0..cff6b4c 100644
--- a/CloudronManifest.json
+++ b/CloudronManifest.json
@@ -5,7 +5,7 @@
   "description": "file://DESCRIPTION.md",
   "changelog": "file://CHANGELOG",
   "tagline": "Secure & decentralized communication",
-  "version": "1.27.0",
+  "version": "1.27.1",
   "healthCheckPath": "/",
   "httpPort": 8008,
   "memoryLimit": 536870912,
diff --git a/DESCRIPTION.md b/DESCRIPTION.md
index cddb6c3..fe6a58b 100644
--- a/DESCRIPTION.md
+++ b/DESCRIPTION.md
@@ -1,4 +1,4 @@
-This app packages Synapse <upstream>1.38.0</upstream>.
+This app packages Synapse <upstream>1.38.1</upstream>.
 
 **This package only provides the Matrix backend. A variety of clients are available
 [here](https://matrix.org/clients/). Riot is a popular web frontend for Matrix and