diff --git a/poetry.lock b/poetry.lock
index a86fa20143efdec567d8ae7a724da36b657b5403..4ff76b724aca26d398a26a3aae78d32699282589 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -110,6 +110,17 @@ files = [
 [package.dependencies]
 frozenlist = ">=1.1.0"
 
+[[package]]
+name = "annotated-types"
+version = "0.6.0"
+description = "Reusable constraint types to use with typing.Annotated"
+optional = false
+python-versions = ">=3.8"
+files = [
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+    {file = "annotated_types-0.6.0.tar.gz", hash = "sha256:563339e807e53ffd9c267e99fc6d9ea23eb8443c08f112651963e24e22f84a5d"},
+]
+
 [[package]]
 name = "anyio"
 version = "4.2.0"
@@ -2065,55 +2076,139 @@ files = [
 
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-description = "Data validation and settings management using python type hints"
+version = "2.5.3"
+description = "Data validation using Python type hints"
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+    {file = "pydantic_core-2.14.6.tar.gz", hash = "sha256:1fd0c1d395372843fba13a51c28e3bb9d59bd7aebfeb17358ffaaa1e4dbbe948"},
+]
+
+[package.dependencies]
+typing-extensions = ">=4.6.0,<4.7.0 || >4.7.0"
 
 [[package]]
 name = "pygments"
@@ -3279,4 +3374,4 @@ local = ["llama-cpp-python", "torch", "transformers"]
 [metadata]
 lock-version = "2.0"
 python-versions = "^3.9"
-content-hash = "1de69e2e5050507790405e09d4cd79fe114b4200a56c87cc609a104366696989"
+content-hash = "6e658c338fd236a82fd0a9f03a64393b2bd728802e069b0663a5ff786bd203dc"
diff --git a/pyproject.toml b/pyproject.toml
index 10e7eb913ee083b0d5073b1cce3dfc5a099ef35a..84acdcb76ecea3c67dcccdd9846e60d0e59e2e15 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -16,7 +16,7 @@ packages = [{include = "semantic_router"}]
 
 [tool.poetry.dependencies]
 python = "^3.9"
-pydantic = "^1.8.2"
+pydantic = "^2.5.3"
 openai = "^1.3.9"
 cohere = "^4.32"
 numpy = "^1.25.2"
diff --git a/semantic_router/encoders/base.py b/semantic_router/encoders/base.py
index a3bac32458be5ab0e62fcb7b26205b6489fac1bd..5c26633f3810cacd75fa6c5d22ac3611e5ea0d9e 100644
--- a/semantic_router/encoders/base.py
+++ b/semantic_router/encoders/base.py
@@ -1,6 +1,6 @@
 from typing import List
 
-from pydantic import BaseModel, Field
+from pydantic.v1 import BaseModel, Field
 
 
 class BaseEncoder(BaseModel):
diff --git a/semantic_router/encoders/fastembed.py b/semantic_router/encoders/fastembed.py
index 2b9083691562d19b5006aa2e62b97c1f38de2224..c540d17f9b48bf33c0d2ddd1c310f8a40896786f 100644
--- a/semantic_router/encoders/fastembed.py
+++ b/semantic_router/encoders/fastembed.py
@@ -1,7 +1,7 @@
 from typing import Any, List, Optional
 
 import numpy as np
-from pydantic import PrivateAttr
+from pydantic.v1 import PrivateAttr
 
 from semantic_router.encoders import BaseEncoder
 
diff --git a/semantic_router/encoders/huggingface.py b/semantic_router/encoders/huggingface.py
index d1b2075781e9f27496146db834eb008752c1b713..64b183ff13506d3f21abff147a487c581edbc88f 100644
--- a/semantic_router/encoders/huggingface.py
+++ b/semantic_router/encoders/huggingface.py
@@ -1,6 +1,6 @@
 from typing import Any, List, Optional
 
-from pydantic import PrivateAttr
+from pydantic.v1 import PrivateAttr
 
 from semantic_router.encoders import BaseEncoder
 
diff --git a/semantic_router/llms/base.py b/semantic_router/llms/base.py
index 4fd2c3893e1a257dc9b64f35d8b6f19f7314f087..43195543dc6bd6c516500af62a2276e9152720b1 100644
--- a/semantic_router/llms/base.py
+++ b/semantic_router/llms/base.py
@@ -1,7 +1,7 @@
 import json
 from typing import Any, List, Optional
 
-from pydantic import BaseModel
+from pydantic.v1 import BaseModel
 
 from semantic_router.schema import Message
 from semantic_router.utils.logger import logger
diff --git a/semantic_router/route.py b/semantic_router/route.py
index b3f36b8beb63d36a57e3ccc29d2daa0ecf98352b..112f60fd4332c31d78ca2a4f5dd342a1306b3a24 100644
--- a/semantic_router/route.py
+++ b/semantic_router/route.py
@@ -2,7 +2,7 @@ import json
 import re
 from typing import Any, Callable, Dict, List, Optional, Union
 
-from pydantic import BaseModel
+from pydantic.v1 import BaseModel
 
 from semantic_router.llms import BaseLLM
 from semantic_router.schema import Message, RouteChoice
diff --git a/semantic_router/schema.py b/semantic_router/schema.py
index e4825999f37136f1c99ef7e89c8e69dd633d3ce2..5dc4f5e87fba43d15e5e1ec39b578e3f37a54cfe 100644
--- a/semantic_router/schema.py
+++ b/semantic_router/schema.py
@@ -1,8 +1,8 @@
 from enum import Enum
 from typing import Dict, List, Literal, Optional
 
-from pydantic import BaseModel
-from pydantic.dataclasses import dataclass
+from pydantic.v1 import BaseModel
+from pydantic.v1.dataclasses import dataclass
 
 from semantic_router.encoders import (
     BaseEncoder,
diff --git a/semantic_router/utils/function_call.py b/semantic_router/utils/function_call.py
index 4a317852945f3287843bb84af770b91f364aac98..1c60aa6b3f3ddbabc86e9fa41e0879c169c97b69 100644
--- a/semantic_router/utils/function_call.py
+++ b/semantic_router/utils/function_call.py
@@ -1,7 +1,7 @@
 import inspect
 from typing import Any, Callable, Dict, List, Union
 
-from pydantic import BaseModel
+from pydantic.v1 import BaseModel
 
 from semantic_router.llms import BaseLLM
 from semantic_router.schema import Message, RouteChoice
diff --git a/tests/unit/test_schema.py b/tests/unit/test_schema.py
index a41d5fa732eb585dd9cd5081de6bebd3538cbfcb..90f3c949b5009bdb894367fa3ad5d37a1beed889 100644
--- a/tests/unit/test_schema.py
+++ b/tests/unit/test_schema.py
@@ -1,5 +1,5 @@
 import pytest
-from pydantic import ValidationError
+from pydantic.v1 import ValidationError
 
 from semantic_router.schema import (
     CohereEncoder,