<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/mafiler" xmlns:com="http://www.sec.gov/edgar/common_ma" xmlns:com1="http://www.sec.gov/edgar/common" xmlns:ma="http://www.sec.gov/edgar/ma_drp" xmlns:ma1="http://www.sec.gov/edgar/ma_common_drp" xmlns:com2="http://www.sec.gov/edgar/common_drp">
  <headerData>
    <submissionType>MA-A</submissionType>
    <filerInfo>
      <com:filer>
        <com1:filerId>0001696463</com1:filerId>
        <com1:filerCcc>XXXXXXXX</com1:filerCcc>
      </com:filer>
      <com:contact>
        <com1:name>Bryan Mantz</com1:name>
        <com1:phoneNumber>407-637-2315</com1:phoneNumber>
      </com:contact>
      <com:contactEmail>govrates@govrates.com</com:contactEmail>
    </filerInfo>
  </headerData>
  <formData>
    <fiscalYearEnd>12-31-2024</fiscalYearEnd>
    <hasChanges>N</hasChanges>
    <firmName>GovRates, Inc.</firmName>
    <irsNum>81-4944696</irsNum>
    <registrations>
      <baseRegistrations>
        <maRegistration>
          <com:fileNumber>867-02192</com:fileNumber>
        </maRegistration>
      </baseRegistrations>
    </registrations>
    <principalOfficeAddress>
      <phoneNumber>407-637-2315</phoneNumber>
    </principalOfficeAddress>
    <mailingAddressDifferent>N</mailingAddressDifferent>
    <primaryWebAddress>www.govrates.com</primaryWebAddress>
    <cco>
      <name>
        <com:firstName>Bryan</com:firstName>
        <com:middleName>Alexander</com:middleName>
        <com:lastName>Mantz</com:lastName>
      </name>
      <phoneNumber>407-637-2315</phoneNumber>
      <email>govrates@govrates.com</email>
    </cco>
    <contactPerson>
      <name>
        <com:firstName>Jenny</com:firstName>
        <com:middleName>Wu</com:middleName>
        <com:lastName>Mantz</com:lastName>
      </name>
      <titles>
        <title>Chief Executive Officer</title>
      </titles>
      <phoneNumber>407-637-2315</phoneNumber>
      <email>govrates@govrates.com</email>
    </contactPerson>
    <formOfOrganization>
      <formOrgType>
        <formOrgTypes>
          <Corporation/>
        </formOrgTypes>
      </formOrgType>
    </formOfOrganization>
    <monthOfFiscalYearEnd>December</monthOfFiscalYearEnd>
    <organizedJurisdiction>
      <com1:stateOrCountry>FL</com1:stateOrCountry>
    </organizedJurisdiction>
    <dateOfOrganization>01-03-2017</dateOfOrganization>
    <isPrcApplicant>N</isPrcApplicant>
    <numberOfEmployees>2</numberOfEmployees>
    <employeesEngagedInMAA>2</employeesEngagedInMAA>
    <maaEmployeesRegBD>0</maaEmployeesRegBD>
    <maaRegIA>0</maaRegIA>
    <numberOfSolicitingFirms>0</numberOfSolicitingFirms>
    <clientsServedAsMA>0</clientsServedAsMA>
    <typesOfClients>
      <typesOfClients>
        <clientTypes>Municipal Entities</clientTypes>
      </typesOfClients>
    </typesOfClients>
    <numberOfSolicitedME>0</numberOfSolicitedME>
    <numberOfSolicitedOP>0</numberOfSolicitedOP>
    <totalNumberOfSolicitedMEAndOP>0</totalNumberOfSolicitedMEAndOP>
    <typesOfSolicitedPersons>
      <solicitationPersonTypes>
        <solicitationPersonTypes>Not Applicable</solicitationPersonTypes>
      </solicitationPersonTypes>
    </typesOfSolicitedPersons>
    <meOrOPCompensationTypes>
      <compensationTypes>
        <compensationTypes>Hourly Charges</compensationTypes>
        <compensationTypes>Fixed Fees</compensationTypes>
      </compensationTypes>
    </meOrOPCompensationTypes>
    <solicitationCompensationTypes>
      <compensationTypes>
        <compensationTypes>Not Applicable</compensationTypes>
      </compensationTypes>
    </solicitationCompensationTypes>
    <engagedActivities>
      <engagedActivityTypes>
        <engagedActivityType>Advice Insurance Of MS</engagedActivityType>
        <engagedActivityType>Other</engagedActivityType>
      </engagedActivityTypes>
      <eaTypeOtherDescription>rate studies, rate consulting</eaTypeOtherDescription>
    </engagedActivities>
    <otherActivities>
      <otherFinancialProductAdvisor>
        <activelyEngagedPrimaryBusiness>
          <isActivelyEngaged>Y</isActivelyEngaged>
        </activelyEngagedPrimaryBusiness>
        <licensedJurisdictions>Rate consultant, financial feasibility consultant</licensedJurisdictions>
      </otherFinancialProductAdvisor>
    </otherActivities>
    <isEngagedInOtherNonMAABusiness>N</isEngagedInOtherNonMAABusiness>
    <totalFIAAssociatedPersons>0</totalFIAAssociatedPersons>
    <participationInterestMACT>
      <mactBuySellFromClients>N</mactBuySellFromClients>
      <mactBuySellRecommendToClients>N</mactBuySellRecommendToClients>
      <mactEnterDerivativesWithClients>N</mactEnterDerivativesWithClients>
      <mactRecommendOwnedInterestToClients>N</mactRecommendOwnedInterestToClients>
      <mactRecommendToClientsServing>N</mactRecommendToClientsServing>
      <mactRecommendToClientsHavingOtherSalesInterest>N</mactRecommendToClientsHavingOtherSalesInterest>
      <mactDiscAuthBuySellAsMAA>N</mactDiscAuthBuySellAsMAA>
      <mactDiscAuthBuySell>N</mactDiscAuthBuySell>
      <mactDiscAuthDetermineBrokerDealer>N</mactDiscAuthDetermineBrokerDealer>
      <mactDiscAuthDetermineCommissionToBrokerDealer>N</mactDiscAuthDetermineCommissionToBrokerDealer>
      <mactRecommendBrokerDealerToClient>N</mactRecommendBrokerDealerToClient>
      <mactCompensateForReferrals>N</mactCompensateForReferrals>
      <mactReceiveCompensationForReferrals>N</mactReceiveCompensationForReferrals>
    </participationInterestMACT>
    <miscellaneous>GovRates, Inc. ("GovRates") was founded in January 2017. We are a family business with no affiliations to any other firm. GovRates is a utility, financial, rate, and management consulting firm for governments. Rate and fee consulting to local governments (especially to public utilities) is one of the company's primary services.  The firm also occasionally serves as an independent financial feasibility consultant for bonds, loans, or some other debt instrument. The majority of the company's services are billed hourly under a not-to-exceed budget, and any advice offered is independent, objective, and in our clients' best interests.

GovRates is a minority-owned and woman-owned enterprise (MBE and WBE).</miscellaneous>
    <disclosureAnswers>
      <criminalDisclosure>
        <com:isConvictedOfFelony>N</com:isConvictedOfFelony>
        <com:isChargedWithFelony>N</com:isChargedWithFelony>
        <com:isOrgConvictedOfFelony>Y</com:isOrgConvictedOfFelony>
        <com:isOrgChargedWithFelony>Y</com:isOrgChargedWithFelony>
      </criminalDisclosure>
      <regulatoryDisclosure>
        <com:isMadeFalseStatement>N</com:isMadeFalseStatement>
        <com:isViolatedRegulation>N</com:isViolatedRegulation>
        <com:isCauseOfDenial>N</com:isCauseOfDenial>
        <com:isOrderAgainst>N</com:isOrderAgainst>
        <com:isImposedPenalty>N</com:isImposedPenalty>
        <com:isUnEthical>N</com:isUnEthical>
        <com:isFoundInViolationOfRegulation>N</com:isFoundInViolationOfRegulation>
        <com:isFoundInCauseOfDenial>N</com:isFoundInCauseOfDenial>
        <com:isOrderAgainstActivity>N</com:isOrderAgainstActivity>
        <com:isDeniedLicense>N</com:isDeniedLicense>
        <com:isFoundMadeFalseStatement>N</com:isFoundMadeFalseStatement>
        <com:isFoundInViolationOfRules>N</com:isFoundInViolationOfRules>
        <com:isFoundInCauseOfSuspension>N</com:isFoundInCauseOfSuspension>
        <com:isDiscipliend>N</com:isDiscipliend>
        <com:isAuthorizedToActAttorney>N</com:isAuthorizedToActAttorney>
        <com:isRegulatoryComplaint>N</com:isRegulatoryComplaint>
      </regulatoryDisclosure>
      <civilDisclosure>
        <com:isEnjoined>N</com:isEnjoined>
        <com:isFoundInViolationOfRegulation>N</com:isFoundInViolationOfRegulation>
        <com:isDismissed>N</com:isDismissed>
        <com:isNamedInCivilProceeding>N</com:isNamedInCivilProceeding>
      </civilDisclosure>
    </disclosureAnswers>
    <hasAnnualReceiptsLessThan7Million>Y</hasAnnualReceiptsLessThan7Million>
    <isAffiliatedWithReceiptsMoreThan7Million>N</isAffiliatedWithReceiptsMoreThan7Million>
    <scheduleA>
      <persons>
        <person>
          <name>
            <com:firstName>Jenny</com:firstName>
            <com:middleName>Wu</com:middleName>
            <com:lastName>Mantz</com:lastName>
          </name>
          <baseInformation>
            <titleStatus>Chief Executive Officer</titleStatus>
            <statusAcquired>01-03-2017</statusAcquired>
            <ownershipCode>D</ownershipCode>
            <isControPerson>Y</isControPerson>
            <crdNumber>000000000</crdNumber>
          </baseInformation>
        </person>
        <person>
          <name>
            <com:firstName>Bryan</com:firstName>
            <com:middleName>Alexander</com:middleName>
            <com:lastName>Mantz</com:lastName>
          </name>
          <baseInformation>
            <titleStatus>President and Chief Compliance Officer</titleStatus>
            <statusAcquired>01-03-2017</statusAcquired>
            <ownershipCode>C</ownershipCode>
            <isControPerson>Y</isControPerson>
            <crdNumber>000000000</crdNumber>
          </baseInformation>
        </person>
      </persons>
    </scheduleA>
    <scheduleC>
      <directPersons>
        <person>
          <baseInformation>
            <name>
              <com:firstName>Jenny</com:firstName>
              <com:middleName>Wu</com:middleName>
              <com:lastName>Mantz</com:lastName>
            </name>
            <baseInformation>
              <titleStatus>Chief Executive Officer</titleStatus>
              <statusAcquired>01-03-2017</statusAcquired>
              <ownershipCode>D</ownershipCode>
              <isControPerson>Y</isControPerson>
              <crdNumber>000000000</crdNumber>
            </baseInformation>
          </baseInformation>
        </person>
        <person>
          <baseInformation>
            <name>
              <com:firstName>Bryan</com:firstName>
              <com:middleName>Alexander</com:middleName>
              <com:lastName>Mantz</com:lastName>
            </name>
            <baseInformation>
              <titleStatus>President and Chief Compliance Officer</titleStatus>
              <statusAcquired>01-03-2017</statusAcquired>
              <ownershipCode>C</ownershipCode>
              <isControPerson>Y</isControPerson>
              <crdNumber>000000000</crdNumber>
            </baseInformation>
          </baseInformation>
        </person>
      </directPersons>
    </scheduleC>
    <drpInfo>
      <ma:criminalDisclosure>
        <ma:criminalDrp>
          <ma:headerData>
            <ma:baseHeader>
              <ma:type>
                <ma1:amend/>
              </ma:type>
              <ma:apDrpFiledCount>1</ma:apDrpFiledCount>
              <ma:drpFor>
                <ma1:ap/>
              </ma:drpFor>
            </ma:baseHeader>
            <ma:respondingTo>
              <ma:responseQuestion>9-B1</ma:responseQuestion>
              <ma:responseQuestion>9-B2</ma:responseQuestion>
            </ma:respondingTo>
          </ma:headerData>
          <ma:apInfo>
            <ma:associatedPerson>
              <ma:apType>
                <ma:naturalPersonInfo>
                  <com:firstName>Jenny</com:firstName>
                  <com:middleName>Wu</com:middleName>
                  <com:lastName>Mantz</com:lastName>
                </ma:naturalPersonInfo>
              </ma:apType>
              <ma:registrationInfo>
                <ma:isSECRegistered>N</ma:isSECRegistered>
              </ma:registrationInfo>
              <ma:drpInfo>
                <ma:detailedDisclosure>
                  <ma:eventDRP>
                    <ma:event>
                      <ma:chargesBroughtAgainstControlled>N</ma:chargesBroughtAgainstControlled>
                      <ma:hasFelonyCharges>N</ma:hasFelonyCharges>
                      <ma:dateFirstCharged>
                        <ma1:date>01-22-2015</ma1:date>
                        <ma1:exact/>
                      </ma:dateFirstCharged>
                      <ma:statusDateInfo>
                        <ma1:date>05-07-2015</ma1:date>
                        <ma1:exact/>
                      </ma:statusDateInfo>
                      <ma:baseInformation>
                        <ma1:status>
                          <com2:final/>
                        </ma1:status>
                        <ma1:summary>Dr. Jenny Mantz has a thyroid condition (half of her thyroid was removed in early 2007). On January 22, 2015, having taken some acetaminophen pills for severe menstrual period pain and with a crying toddler beside her, she mistakenly took some items out of a Walmart store without paying for them. She pled not guilty to the misdemeanor charge of petit theft. On the advice of her attorney and to avoid the time and expense of a trial (she had two children to take care of), she accepted a plea bargain under which she changed her plea to nolo contendere and the court withheld adjudication.

All proceedings took place at Seminole County Courthouse; 101 Bush Blvd; Sanford, FL 32773. Please see the attached document entitled "courtdocone.pdf."</ma1:summary>
                      </ma:baseInformation>
                    </ma:event>
                    <ma:charges>
                      <ma:charge>
                        <ma:baseInformation>
                          <ma1:charge>Petit Theft</ma1:charge>
                          <ma1:numberOfCounts>1</ma1:numberOfCounts>
                          <ma1:felonyOrMisdemeanor>
                            <ma1:misdemeanor/>
                          </ma1:felonyOrMisdemeanor>
                          <ma1:plea>Not Guilty, Then Nolo Contendere as Part of Plea Bargain</ma1:plea>
                        </ma:baseInformation>
                      </ma:charge>
                      <ma:charge>
                        <ma:dispositionDisclosureDetail>
                          <ma:dispositionType>
                            <ma:type>Pled nolo contendere</ma:type>
                            <ma:type>Pled not guilty</ma:type>
                            <ma:explanation>Pled Not Guilty, then Nolo Contendere on the advice of attorney and to avoid the time and expense of a trial (two children to take care of).

All proceedings took place at Seminole County Courthouse; 101 Bush Blvd; Sanford, FL 32773. Please see the attached document entitled "courtdocone.pdf."</ma:explanation>
                          </ma:dispositionType>
                          <ma:date>05-07-2015</ma:date>
                          <ma:sentencePenaltyType>probation, community service, education, fine

All proceedings took place at Seminole County Courthouse; 101 Bush Blvd; Sanford, FL 32773. Please see the attached document entitled "courtdocone.pdf."</ma:sentencePenaltyType>
                          <ma:monetaryPenalty>
                            <ma1:totalFine>388.00</ma1:totalFine>
                            <ma1:paidStatus>
                              <ma1:paidInFullDate>06-01-2015</ma1:paidInFullDate>
                            </ma1:paidStatus>
                            <ma1:finalAmount>388.00</ma1:finalAmount>
                          </ma:monetaryPenalty>
                        </ma:dispositionDisclosureDetail>
                      </ma:charge>
                      <ma:charge>
                        <ma:dispositionDisclosureDetail>
                          <ma:dispositionType>
                            <ma:type>Pled nolo contendere</ma:type>
                            <ma:type>Pled not guilty</ma:type>
                            <ma:explanation>Pled Not Guilty, then Nolo Contendere as part of Plea Bargain (on advice of attorney and to avoid time and expense of a trial since 2 children to take care of). Court withheld adjudication.

All proceedings took place at Seminole County Courthouse; 101 Bush Blvd; Sanford, FL 32773</ma:explanation>
                          </ma:dispositionType>
                          <ma:date>05-07-2015</ma:date>
                          <ma:sentencePenaltyType>probation, community service, education, fine

All proceedings took place at Seminole County Courthouse; 101 Bush Blvd; Sanford, FL 32773</ma:sentencePenaltyType>
                          <ma:monetaryPenalty>
                            <ma1:totalFine>388.00</ma1:totalFine>
                            <ma1:paidStatus>
                              <ma1:paidInFullDate>06-01-2015</ma1:paidInFullDate>
                            </ma1:paidStatus>
                            <ma1:finalAmount>388.00</ma1:finalAmount>
                          </ma:monetaryPenalty>
                        </ma:dispositionDisclosureDetail>
                      </ma:charge>
                    </ma:charges>
                  </ma:eventDRP>
                </ma:detailedDisclosure>
              </ma:drpInfo>
            </ma:associatedPerson>
          </ma:apInfo>
        </ma:criminalDrp>
      </ma:criminalDisclosure>
    </drpInfo>
    <maExecutionPage>
      <signature>
        <com1:signature>Bryan Mantz</com1:signature>
        <com1:signerName>Bryan Mantz</com1:signerName>
        <com1:title>President</com1:title>
        <com1:date>09-02-2026</com1:date>
      </signature>
    </maExecutionPage>
    <controls>
      <isSolePropietor>N</isSolePropietor>
      <hasNameChange>N</hasNameChange>
      <hasDBAName>N</hasDBAName>
      <hasPreviousDBAName>N</hasPreviousDBAName>
      <hasAdditionalDBANames>N</hasAdditionalDBANames>
      <hasMATReg>N</hasMATReg>
      <additionalRegs>N</additionalRegs>
      <additionalOffices>N</additionalOffices>
      <hasMailingAddress>N</hasMailingAddress>
      <hasAdditionalWebsites>N</hasAdditionalWebsites>
      <hasBooksRecords>N</hasBooksRecords>
      <isRegisteredFFRA>N</isRegisteredFFRA>
      <isAffiliatedOtherBus>N</isAffiliatedOtherBus>
      <independentBusinessEmployee>N</independentBusinessEmployee>
      <receiveCompensationForMAAFromOtherClients>N</receiveCompensationForMAAFromOtherClients>
      <isSucceedingApplicant>N</isSucceedingApplicant>
      <isCPForApplicantPolicy>N</isCPForApplicantPolicy>
      <isPRCompanyUnder1215>N</isPRCompanyUnder1215>
      <hasScheduleB>N</hasScheduleB>
      <isSection12Or15ReportingCompany>N</isSection12Or15ReportingCompany>
      <isOtherNonMAABuisinesssPrimary>N</isOtherNonMAABuisinesssPrimary>
    </controls>
  </formData>
</edgarSubmission>
