diff --git a/cmake/onnxruntime_providers.cmake b/cmake/onnxruntime_providers.cmake
index edd48af731f5c..ccc5997dace4c 100644
--- a/cmake/onnxruntime_providers.cmake
+++ b/cmake/onnxruntime_providers.cmake
@@ -1318,7 +1318,7 @@ if (onnxruntime_USE_HAILO)
     "${ONNXRUNTIME_ROOT}/core/providers/shared_library/*.cc"
   )
 
-  find_package(HailoRT 4.18.0 EXACT REQUIRED)
+  find_package(HailoRT 4.19.0 EXACT REQUIRED)
 
   source_group(TREE ${ONNXRUNTIME_ROOT}/core FILES ${onnxruntime_providers_hailo_cc_srcs})
   onnxruntime_add_shared_library_module(onnxruntime_providers_hailo ${onnxruntime_providers_hailo_cc_srcs})
diff --git a/hailo/README.md b/hailo/README.md
index 3bf940902fe92..17a26b2b1db04 100644
--- a/hailo/README.md
+++ b/hailo/README.md
@@ -5,7 +5,7 @@ Hailo ONNX Runtime integrates ONNX Runtime with HailoRT to enable Hailo-EP, prov
 * ONNX Runtime version 1.11.1 with Python 3.7 and above
 
 # Prerequisites
-* HailoRT v4.18.0
+* HailoRT v4.19.0
 
 # Build Instructions
 To build ONNXRuntime with HailoRT please follow the following steps: