diff --git a/stable/datadog/CHANGELOG.md b/stable/datadog/CHANGELOG.md
index 2ad717924e..067fd8c147 100644
--- a/stable/datadog/CHANGELOG.md
+++ b/stable/datadog/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Datadog changelog
 
+## 2.3.36
+
+* Bump default Agent version to `7.21.1`
+
 ## 2.3.35
 
 * Add support for configuring the Datadog Admission Controller
diff --git a/stable/datadog/Chart.yaml b/stable/datadog/Chart.yaml
index 3845950845..4da318677b 100644
--- a/stable/datadog/Chart.yaml
+++ b/stable/datadog/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v1
 name: datadog
-version: 2.3.35
+version: 2.3.36
 appVersion: "7"
 description: Datadog Agent
 keywords:
diff --git a/stable/datadog/values.yaml b/stable/datadog/values.yaml
index 385004eeaa..d8624f6f6e 100644
--- a/stable/datadog/values.yaml
+++ b/stable/datadog/values.yaml
@@ -667,7 +667,7 @@ agents:
     ## Define the Agent version to use.
     ## Use 7-jmx to enable jmx fetch collection
     #
-    tag: 7.20.2
+    tag: 7.21.1
 
     ## @param doNotCheckTag - boolean - optional
     ## By default, the version passed in agents.image.tag is checked