diff --git a/Gemfile b/Gemfile
index 47de8e1a5b476..66db7c8e6ad02 100644
--- a/Gemfile
+++ b/Gemfile
@@ -26,7 +26,7 @@ gem "counter_culture", "~> 3.0" # counter_culture provides turbo-charged counter
 gem "ddtrace", "~> 0.53.0" # ddtrace is Datadog’s tracing client for Ruby.
 gem "devise", "~> 4.8" # Flexible authentication solution for Rails
 gem "devise_invitable", "~> 2.0.5" # Allows invitations to be sent for joining
-gem "dogstatsd-ruby", "~> 4.8" # A client for DogStatsD, an extension of the StatsD metric server for Datadog
+gem "dogstatsd-ruby", "~> 5.5" # A client for DogStatsD, an extension of the StatsD metric server for Datadog
 gem "doorkeeper", "~> 5.5" # Oauth 2 provider
 gem "email_validator", "~> 2.2" # Email validator for Rails and ActiveModel
 gem "emoji_regex", "~> 3.2" # A pair of Ruby regular expressions for matching Unicode Emoji symbols
diff --git a/Gemfile.lock b/Gemfile.lock
index 6adb119d0e3bd..a32d4c9dcc986 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -216,7 +216,7 @@ GEM
       devise (>= 4.6)
     diff-lcs (1.4.4)
     docile (1.3.5)
-    dogstatsd-ruby (4.8.3)
+    dogstatsd-ruby (5.5.0)
     domain_name (0.5.20190701)
       unf (>= 0.0.5, < 1.0.0)
     doorkeeper (5.5.4)
@@ -908,7 +908,7 @@ DEPENDENCIES
   derailed_benchmarks (~> 2.1)
   devise (~> 4.8)
   devise_invitable (~> 2.0.5)
-  dogstatsd-ruby (~> 4.8)
+  dogstatsd-ruby (~> 5.5)
   doorkeeper (~> 5.5)
   dotenv-rails (~> 2.7.6)
   easy_translate (~> 0.5.1)
diff --git a/vendor/cache/dogstatsd-ruby-4.8.3.gem b/vendor/cache/dogstatsd-ruby-4.8.3.gem
deleted file mode 100644
index 3126d09532e4b..0000000000000
Binary files a/vendor/cache/dogstatsd-ruby-4.8.3.gem and /dev/null differ
diff --git a/vendor/cache/dogstatsd-ruby-5.5.0.gem b/vendor/cache/dogstatsd-ruby-5.5.0.gem
new file mode 100644
index 0000000000000..b488b4065c733
Binary files /dev/null and b/vendor/cache/dogstatsd-ruby-5.5.0.gem differ