diff --git a/README.md b/README.md
--- a/README.md
+++ b/README.md
@@ -4,6 +4,8 @@
 
 [![Build Status](https://travis-ci.org/suhailshergill/extensible-effects.svg?branch=master)](https://travis-ci.org/suhailshergill/extensible-effects)
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+[![Stories in Ready](https://badge.waffle.io/suhailshergill/extensible-effects.png?label=ready&title=Ready)](http://waffle.io/suhailshergill/extensible-effects)
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 ## Advantages
 
diff --git a/extensible-effects.cabal b/extensible-effects.cabal
--- a/extensible-effects.cabal
+++ b/extensible-effects.cabal
@@ -6,7 +6,7 @@
 -- PVP summary:      +-+------- breaking API changes
 --                   | | +----- non-breaking API additions
 --                   | | | +--- code changes with no API change
-version:             1.11.0.4
+version:             1.11.1.0
 
 -- A short (one-line) description of the package.
 synopsis:            An Alternative to Monad Transformers
diff --git a/src/Control/Eff/Exception.hs b/src/Control/Eff/Exception.hs
--- a/src/Control/Eff/Exception.hs
+++ b/src/Control/Eff/Exception.hs
@@ -17,6 +17,7 @@
                             , liftEither
                             , liftEitherM
                             , liftMaybe
+                            , liftMaybeM
                             , ignoreFail
                             ) where
 
@@ -105,6 +106,13 @@
 liftMaybe :: Member Fail r => Maybe a -> Eff r a
 liftMaybe = maybe die return
 {-# INLINE liftMaybe #-}
+
+-- | `liftMaybe` in a lifted Monad
+liftMaybeM :: (Typeable1 m, Member Fail r, SetMember Lift (Lift m) r)
+           => m (Maybe a)
+           -> Eff r a
+liftMaybeM m = lift m >>= liftMaybe
+{-# INLINE liftMaybeM #-}
 
 -- | Ignores a failure event. Since the event can fail, you cannot inspect its
 --   return type, because it has none on failure. To inspect it, use 'runFail'.