diff --git a/.gitignore b/.gitignore
index a4046d35..300c0f82 100644
--- a/.gitignore
+++ b/.gitignore
@@ -26,6 +26,7 @@ share/python-wheels/
 .installed.cfg
 *.egg
 MANIFEST
+formulaic/_version.py
 
 # PyInstaller
 #  Usually these files are written by a python script from a template
diff --git a/formulaic/__init__.py b/formulaic/__init__.py
index 35aca44b..6fb528c0 100644
--- a/formulaic/__init__.py
+++ b/formulaic/__init__.py
@@ -1,14 +1,23 @@
-from ._version import __author__, __author_email__, __version__
 from .formula import Formula, FormulaSpec
 from .materializers import FactorValues
 from .model_matrix import ModelMatrix, ModelMatrices
 from .model_spec import ModelSpec, ModelSpecs
 from .sugar import model_matrix
 
+try:
+    from ._version import __version__, __version_tuple__
+except ImportError:  # pragma: no cover
+    __version__ = version = "unknown"
+    __version_tuple__ = version_tuple = ("unknown",)
+
+__author__ = "Matthew Wardrop"
+__author_email__ = "mpwardrop@gmail.com"
+
 __all__ = [
     "__author__",
     "__author_email__",
     "__version__",
+    "__version_tuple__",
     "Formula",
     "FormulaSpec",
     "ModelMatrix",
diff --git a/formulaic/_version.py b/formulaic/_version.py
deleted file mode 100644
index fba34e00..00000000
--- a/formulaic/_version.py
+++ /dev/null
@@ -1,5 +0,0 @@
-__all__ = ["__author__", "__author_email__", "__version__"]
-
-__author__ = "Matthew Wardrop"
-__author_email__ = "mpwardrop@gmail.com"
-__version__ = "0.0.0"  # Updated during build
diff --git a/pyproject.toml b/pyproject.toml
index 4088ce3f..97e3b6de 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -49,6 +49,9 @@ calculus = ["sympy<1.10,>=1.3"]
 [tool.hatch.version]
 source = "vcs"
 
+[tool.hatch.build.hooks.vcs]
+version-file = "formulaic/_version.py"
+
 # Build target configuration
 
 [tool.hatch.build.targets.sdist]