diff --git a/sdk/identity/azure-identity/CHANGELOG.md b/sdk/identity/azure-identity/CHANGELOG.md
index 30ebcbf02696..09c2f7d986d6 100644
--- a/sdk/identity/azure-identity/CHANGELOG.md
+++ b/sdk/identity/azure-identity/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Release History
 
+## 1.5.0b2 (Unreleased)
+
+
 ## 1.5.0b1 (2020-09-08)
 ### Added
 - Application authentication APIs from 1.4.0b7
diff --git a/sdk/identity/azure-identity/azure/identity/_version.py b/sdk/identity/azure-identity/azure/identity/_version.py
index f336d90e0fae..16c838a8f964 100644
--- a/sdk/identity/azure-identity/azure/identity/_version.py
+++ b/sdk/identity/azure-identity/azure/identity/_version.py
@@ -2,4 +2,4 @@
 # Copyright (c) Microsoft Corporation.
 # Licensed under the MIT License.
 # ------------------------------------
-VERSION = "1.5.0b1"
+VERSION = "1.5.0b2"