Sounds like some obscure medical or wellness company. I sure will quickly forget the name and thus the website.
Even as I saw the "found" (as in founding a company), I insta-associated to health&wellness space, and then to Wealthfront.
When I later saw the name written again, I got the "well-founded" semi-pun association.
I too thought it's non-memorable, until the "well-founded" association.
I'll have to work on pronunciation; by default, comes out as "welf-hound".
I suppose the name will become familiar as we see it used.
And I'm a little glad I won't have to decide whether to say "AngelList" or "angel.co" when referring to the site.