diff --git a/commands/bootstrap/package.json b/commands/bootstrap/package.json
index a5652bc033..caf5f81d65 100644
--- a/commands/bootstrap/package.json
+++ b/commands/bootstrap/package.json
@@ -53,7 +53,7 @@
     "p-finally": "^1.0.0",
     "p-map": "^2.1.0",
     "p-map-series": "^1.0.0",
-    "p-waterfall": "^1.0.0",
+    "p-waterfall": "^2.1.0",
     "read-package-tree": "^5.3.1",
     "semver": "^7.3.2"
   }
diff --git a/commands/clean/package.json b/commands/clean/package.json
index 6792842b2e..cdd10ffdec 100644
--- a/commands/clean/package.json
+++ b/commands/clean/package.json
@@ -39,6 +39,6 @@
     "@lerna/rimraf-dir": "file:../../utils/rimraf-dir",
     "p-map": "^2.1.0",
     "p-map-series": "^1.0.0",
-    "p-waterfall": "^1.0.0"
+    "p-waterfall": "^2.1.0"
   }
 }
diff --git a/commands/version/package.json b/commands/version/package.json
index c64ad08e10..9c7c440b81 100644
--- a/commands/version/package.json
+++ b/commands/version/package.json
@@ -55,7 +55,7 @@
     "p-map": "^2.1.0",
     "p-pipe": "^1.2.0",
     "p-reduce": "^1.0.0",
-    "p-waterfall": "^1.0.0",
+    "p-waterfall": "^2.1.0",
     "semver": "^7.3.2",
     "slash": "^3.0.0",
     "temp-write": "^4.0.0",
diff --git a/package-lock.json b/package-lock.json
index 12aa2de851..0631986853 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -62,7 +62,7 @@
         "p-pipe": "^1.2.0",
         "p-queue": "^4.0.0",
         "p-reduce": "^1.0.0",
-        "p-waterfall": "^1.0.0",
+        "p-waterfall": "^2.1.0",
         "path-exists": "^4.0.0",
         "pify": "^5.0.0",
         "read-cmd-shim": "^2.0.0",
@@ -191,7 +191,7 @@
         "p-finally": "^1.0.0",
         "p-map": "^2.1.0",
         "p-map-series": "^1.0.0",
-        "p-waterfall": "^1.0.0",
+        "p-waterfall": "^2.1.0",
         "read-package-tree": "^5.3.1",
         "semver": "^7.3.2"
       },
@@ -225,7 +225,7 @@
         "@lerna/rimraf-dir": "file:../../utils/rimraf-dir",
         "p-map": "^2.1.0",
         "p-map-series": "^1.0.0",
-        "p-waterfall": "^1.0.0"
+        "p-waterfall": "^2.1.0"
       },
       "engines": {
         "node": ">= 10.18.0"
@@ -450,7 +450,7 @@
         "p-map": "^2.1.0",
         "p-pipe": "^1.2.0",
         "p-reduce": "^1.0.0",
-        "p-waterfall": "^1.0.0",
+        "p-waterfall": "^2.1.0",
         "semver": "^7.3.2",
         "slash": "^3.0.0",
         "temp-write": "^4.0.0",
@@ -13265,14 +13265,22 @@
       }
     },
     "node_modules/p-waterfall": {
-      "version": "1.0.0",
-      "resolved": "https://registry.npmjs.org/p-waterfall/-/p-waterfall-1.0.0.tgz",
-      "integrity": "sha1-ftlLPOszMngjU69qrhGqn8I1uwA=",
+      "version": "2.1.0",
+      "resolved": "https://registry.npmjs.org/p-waterfall/-/p-waterfall-2.1.0.tgz",
+      "integrity": "sha512-Ou2oTMqAdu9CuYXr/RV1kTfovMfJncbmxr3MLe+vm8/RXtT/NciGaKtihLexy7p7JxC5wAy49ib233Yf5hwnPA==",
       "dependencies": {
-        "p-reduce": "^1.0.0"
+        "p-reduce": "^2.0.0"
       },
       "engines": {
-        "node": ">=4"
+        "node": ">=8"
+      }
+    },
+    "node_modules/p-waterfall/node_modules/p-reduce": {
+      "version": "2.1.0",
+      "resolved": "https://registry.npmjs.org/p-reduce/-/p-reduce-2.1.0.tgz",
+      "integrity": "sha512-2USApvnsutq8uoxZBGbbWM0JIYLiEMJ9RlaN7fAzVNb9OZN0SHjjTTfIcb667XynS5Y1VhwDJVDa72TnPzAYWw==",
+      "engines": {
+        "node": ">=8"
       }
     },
     "node_modules/parallel-transform": {
@@ -18710,7 +18718,7 @@
         "p-finally": "^1.0.0",
         "p-map": "^2.1.0",
         "p-map-series": "^1.0.0",
-        "p-waterfall": "^1.0.0",
+        "p-waterfall": "^2.1.0",
         "read-package-tree": "^5.3.1",
         "semver": "^7.3.2"
       }
@@ -18750,7 +18758,7 @@
         "@lerna/rimraf-dir": "file:../../utils/rimraf-dir",
         "p-map": "^2.1.0",
         "p-map-series": "^1.0.0",
-        "p-waterfall": "^1.0.0"
+        "p-waterfall": "^2.1.0"
       }
     },
     "@lerna/cli": {
@@ -19289,7 +19297,7 @@
         "p-map": "^2.1.0",
         "p-pipe": "^1.2.0",
         "p-reduce": "^1.0.0",
-        "p-waterfall": "^1.0.0",
+        "p-waterfall": "^2.1.0",
         "semver": "^7.3.2",
         "slash": "^3.0.0",
         "temp-write": "^4.0.0",
@@ -27541,11 +27549,18 @@
       "integrity": "sha512-R4nPAVTAU0B9D35/Gk3uJf/7XYbQcyohSKdvAxIRSNghFl4e71hVoGnBNQz9cWaXxO2I10KTC+3jMdvvoKw6dQ=="
     },
     "p-waterfall": {
-      "version": "1.0.0",
-      "resolved": "https://registry.npmjs.org/p-waterfall/-/p-waterfall-1.0.0.tgz",
-      "integrity": "sha1-ftlLPOszMngjU69qrhGqn8I1uwA=",
+      "version": "2.1.0",
+      "resolved": "https://registry.npmjs.org/p-waterfall/-/p-waterfall-2.1.0.tgz",
+      "integrity": "sha512-Ou2oTMqAdu9CuYXr/RV1kTfovMfJncbmxr3MLe+vm8/RXtT/NciGaKtihLexy7p7JxC5wAy49ib233Yf5hwnPA==",
       "requires": {
-        "p-reduce": "^1.0.0"
+        "p-reduce": "^2.0.0"
+      },
+      "dependencies": {
+        "p-reduce": {
+          "version": "2.1.0",
+          "resolved": "https://registry.npmjs.org/p-reduce/-/p-reduce-2.1.0.tgz",
+          "integrity": "sha512-2USApvnsutq8uoxZBGbbWM0JIYLiEMJ9RlaN7fAzVNb9OZN0SHjjTTfIcb667XynS5Y1VhwDJVDa72TnPzAYWw=="
+        }
       }
     },
     "parallel-transform": {
diff --git a/package.json b/package.json
index f630505698..e5f009bb96 100644
--- a/package.json
+++ b/package.json
@@ -75,7 +75,7 @@
     "p-pipe": "^1.2.0",
     "p-queue": "^4.0.0",
     "p-reduce": "^1.0.0",
-    "p-waterfall": "^1.0.0",
+    "p-waterfall": "^2.1.0",
     "path-exists": "^4.0.0",
     "pify": "^5.0.0",
     "read-cmd-shim": "^2.0.0",