diff --git a/docs/source/installation.md b/docs/source/installation.md
index 7380181..cd3da02 100644
--- a/docs/source/installation.md
+++ b/docs/source/installation.md
@@ -1,7 +1,7 @@
 # Installation
 
 ## Python version support
-Insolver is currently available in Python, and installation has been tested in virtual environments for the Python releases 3.8, 3.9 and 3.10 on Linux, macOS, and Windows.
+Insolver is currently available in Python, and installation has been tested in virtual environments for the Python releases 3.8, 3.9, 3.10 and 3.11 on Linux, macOS, and Windows.
 
 ## Install from GitHub
 Insolver installation is available directly from [GitHub repository](https://github.com/MindSetLib/Insolver) with pip.
diff --git a/insolver/report/report.py b/insolver/report/report.py
index 0927788..778bc04 100644
--- a/insolver/report/report.py
+++ b/insolver/report/report.py
@@ -4,7 +4,7 @@
 import glob
 
 import pandas
-from pandas_profiling import ProfileReport
+from ydata_profiling import ProfileReport
 
 from .presets import (
     _create_shap,
diff --git a/pyproject.toml b/pyproject.toml
index 4fd898f..1570820 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -54,6 +54,7 @@ python =
     3.8: py38
     3.9: py39
     3.10: py310
+    3.11: py311
 
 [testenv]
 deps = -r requirements.txt
diff --git a/requirements.txt b/requirements.txt
index 1745c54..905d0b7 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -11,19 +11,19 @@ plotly>=5.3.1
 seaborn==0.11.2
 shap>=0.39.0
 h2o>=3.46.0.1
-statsmodels==0.13.1
+statsmodels>=0.13.1
 lime>=0.2.0.1
 dill>=0.3.4
 
 # insolver.report
 jinja2>= 3.1.3
-pandas-profiling==3.1.0
+ydata-profiling==4.7.0
 
 # insolver.serving
 flask>=2.3.2
 fastapi>=0.109.1
 uvicorn[standard]>=0.13.3
-pydantic==1.8.2
+pydantic>=2
 gunicorn>=20.0.4
 Django>=5.0.3
 djangorestframework==3.13.1
diff --git a/setup.cfg b/setup.cfg
index da32930..e56195d 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -23,6 +23,7 @@ classifiers =
     Programming Language :: Python :: 3.8
     Programming Language :: Python :: 3.9
     Programming Language :: Python :: 3.10
+    Programming Language :: Python :: 3.11
 project_urls =
     Bug Tracker = https://github.com/MindSetLib/Insolver/issues
     Documentation = https://insolver.readthedocs.io/en/stable/