Rakvere Tarvas was founded in 2006 by Andres Sõber and joined the top-tier Korvpalli Meistriliiga for the 2006–07 season, replacing another Rakvere based team, the financially troubled Rakvere Palliklubi. The team name Tarvas, meaning Aurochs in Estonian, is the symbol of Rakvere and is derived from the historic name of Rakvere, Tarvanpea. Rakvere Tarvas finished the 2006–07 regular season in 6th place, reaching the playoffs, where the team was eliminated by Tartu Fausto in the quarterfinals. played for Rakvere Tarvas in the 2009–10 season. Andres Sõber strengthened the team significantly during the 2009 off-season by signing point guardValmo Kriisa, young shooting guardRain Veideman and centers Richard Anderson and Reinar Hallik. In February 2010, they were joined by forward Martin Müürsepp. Rakvere Tarvas finished the 2009–10 regular season in second place and reached the finals in the playoffs. In the finals, Rakvere Tarvas faced the top-seeded TÜ/Rock and lost the series 2 games to 4, despite winning the first 2 games. Valmo Kriisa and Rain Veideman were named to the All-KML Team, while Andres Sõber won the Coach of the Year award. After the season, Rakvere Tarvas lost several star players, including Kriisa, Müürsepp and Veideman, and failed to repeat their success in the 2010–11 season, finishing in fourth place. Rakvere Tarvas also joined the Baltic Basketball League for the 2010–11 season, but failed to advance past the group stage of the Challenge Cup competition. Rakvere Tarvas spent the 2011 off-season rebuilding. The team re-acquired Valmo Kriisa and signed Latvians Kaspars Cipruss, Rinalds Sirsniņš and Juris Umbraško. In response, some Rakvere Tarvas fans started showing their support by attending games wearing Latvian national team uniforms. Rakvere Tarvas finished the 2011–12 regular season in third place and reached the semifinals in the playoffs, where the team was defeated by Kalev/Cramo. The team placed third in the final standings, after defeating Rapla 2 games to 0 in the third place games. On 22 December 2012, Rakvere Tarvas won their first Estonian Cup, beating Rapla in the final 81–64. The team came third in the 2012–13 season, once again defeating Rapla in the third place games. Reimo Tamm was the KML top scorer with 16.36points per game, while Brandis Raley-Ross and Juris Umbraško were named to the All-KML Team. Rakvere Tarvas competed in the 2013–14 EuroChallenge but failed to advance past the group stage with a 1–5 record. The team finished the 2013–14 season in third place, losing the semifinals against Kalev/Cramo 0 games to 3 and defeating Tallinna Kalev in the third place games 2 games to 1. The team folded after the 2016–17 season.
