diff --git a/pipedrive/__init__.py b/pipedrive/__init__.py
index 2c00a50..05e792a 100644
--- a/pipedrive/__init__.py
+++ b/pipedrive/__init__.py
@@ -8,7 +8,7 @@
 
 import json
 
-PIPEDRIVE_API_URL = "https://api.pipedrive.com/v1/"
+PIPEDRIVE_API_URL = "https://api.pipedrive.com/api/v2/"
 logger = getLogger('pipedrive')
 
 
diff --git a/setup.py b/setup.py
index 078c85c..55d9e25 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setup(
     name='python-pipedrive',
-    version="0.4.0",
+    version="0.5.0",
     license="MIT",
 
     install_requires=[