It's also Every with L for V, and
Eleri with a Y.
Just seems like a surname name to me. Doesn't remind me of
Eliot, only of
Ellery. I think if it were on a small child I would tend to assume it was in the same category as
Avery and
Chase and
Taylor and
Hudson (trendy/pretentious phonebook surnames). I would also expect people IRL to mispronounce it as EEL-ery, just because I've observed that people very often respond to unconventional spellings by trying out unconventional pronunciations.
But no, it's not particularly soft. Just not particularly masculine, and unfortunately seems trendy if it were used for a baby now. It's alright, and I think it would grow up fine. NMS.